113-117 Coonong Road Gymea Bay

RARE DEVELOPMENT OPPORTUNITY

8 Bed | 3 Bath | 4 Car
Perfectly positioned on the high side of the street and located in the prestigious southern pocket of Gymea Bay, on offer are three homes, side by side and occupying approximately 1,878sqms. Rarely does an opportunity like this come around for a multi dwelling development (subject to council approval) in a blue chip locale such as this one.
*Overall frontage approximately 41.145m and approximate depth of 45.72m
*Zoned R2 Low Density Residential. Floor space ratio 0.55:1. Building height 8.5m.
*113 and 115 are owner occupied and 117 is currently rented for approximately 12 months at $700 per week.
*Approximate distances to notable locations:
50m to the bus stop
120m to the corner store
520m to Gymea Bay Public School
550m to the water’s edge, via Marina Crescent
1.6km to Gymea Village & Train Station

Property ID: 520609

For Sale

Price guide $1,600,000 each

Land Size

1878m2

Property Information

Water Rates - $856.76 pq
Council Rates - $1,492.60 pq

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3D Floorplan